Finance Insolvency

Here’s where interest rates could be in three years

This article was sourced from Market Watch. Article by Greg Robb. The Federal Reserve on Monday fleshed out how its new fan charts might look when the central bank adds them to their economic projections starting next month. Analysts said the descriptive charts will be used to stress the uncertainty of its quarterly economic forecasts. A […]

BCR Advisory World business
Bankruptcy Finance World business

Bankruptcy Is Not A Borrower Antidote For Loan “Default Interest”

This article was sourced from JD Supra Business Advisor. Article by Kevin Brodehl.  Defaulting on a loan typically triggers a higher interest rate — “default interest” — as one of many consequences for the borrower.  (Other consequences include acceleration of the maturity, late fees and penalties, and foreclosure.) Can a defaulted borrower avoid paying default interest […]